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Cryptocurrency News

Location American Cryptocurrency News for 15 June 2024
El Salvador Views Bitcoin as a Tool to Liberate the Nation From Fiat Currencies Felix Ulloa, Vice-President of El Salvador, stated that the government has considered de-dollarizing the country and returning to its national currency, the colon. However, he said that it would be too costly. For Ulloa,...
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Binance co-founder beseeches Elon Musk to address cryptocurrency scams on X According to Yi He, "a significant amount of money" was lost when X.com users were tricked by an impersonation scam.
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Nigeria Drops Tax Evasion Charges Against Binance Executives Nigerian authorities dropped tax evasion charges against two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, after the cryptocurrency exchange appointed a local representative to represent it in ongoing court...
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Nigerian Regulator Warns Against Investing in Meme Coin Linked to Davido The Nigerian securities regulator warned residents against investing in a meme coin linked to singer and celebrity Davido. The regulator described the meme coin as a highly risky investment, saying investors who invest i...
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CBDC Interest Climbs Steadily Over Five Years, Google Trends Data Shows Google Trends data reveals a consistent increase in search interest for “CBDC,” which stands for central bank digital currency, over the past five years. The term has maintained a score above 20 since August 2022, on...
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Bloomberg Analyst Now Expects Spot Ethereum ETFs to Launch on July 2 Bloomberg’s senior ETF analyst has updated his spot ethereum exchange-traded fund (ETF) prediction. “We are moving up our over/under date for the launch of spot ether ETF to July 2nd,” he said. This revision follow...
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New York Recovers $50 Million From Gemini -- Bans the Exchange From Crypto Lending in the State New York Attorney General Letitia James has secured a $50 million settlement from cryptocurrency exchange Gemini for Earn program investors. This settlement ensures that all defrauded investors will fully recover the ass...
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NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95% Non-fungible token (NFT) sales increased by 10.95% this week compared to the previous week, marking the second consecutive week of gains. Despite a 76.7% drop in the number of buyers, blockchain-issued digital collectibl...
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Rapper Lil Pump Gets Dual Solana-Themed Tattoos

Bitcoin.com - 15 Jun 2024 18:45
Rapper Lil Pump Gets Dual Solana-Themed Tattoos Gazzy Garcia, also known as Lil Pump, his professional rapper name, surprised his over 15 million followers on Instagram and X by posting pictures showing two new Solana-themed tattoos. The first featured the stylized na...
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Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following significant compliance breaches. The order highlights issues in anti-money laundering efforts and con...
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Deutsche Telekom announces Bitcoin mining plans at BTC Prague Deutsche Telekom's plans and Web3 expansion follow its recently established position as a validator on Fetch.ai's decentralized blockchain.
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Innovative Block Size Upgrade Takes Spotlight at Bitcoin Cash Bliss Conference Following the BCH Bliss conference, a focal event for Bitcoin Cash enthusiasts held May 14-15 in Ljubljana, Slovenia, Jonathan Silverblood introduced a Bitcoin Cash Podcast on X, featuring a collection of tracks from the...
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Nicehash Partners With Marathon to Launch Custom Firmware for ASIC Bitcoin Miners The bitcoin hashing power marketplace, Nicehash, has launched custom software for ASIC miners optimized for its mining platform. The firmware is designed to help miners drive greater efficiency from ASIC devices and incr...
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Bitcoin bounces at 1-month lows -- Watch these BTC price levels next Bitcoin hodlers' realized price levels are the ones to watch if established support at $65,000 fails to hold, says the latest BTC price analysis.
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Chinese Gang Arrested for Exploiting Digital Yuan

Bitcoin.com - 15 Jun 2024 13:23
Chinese Gang Arrested for Exploiting Digital Yuan In Zhejiang province, China, a criminal gang exploited digital yuan accounts to illegally cash out over 200,000 yuan ($27,566) within four days. The digital yuan, or e-CNY, is the People’s Bank of China's (PBOC) centra...
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56% of Fortune 500 Firms Pursue Crypto and Blockchain Projects, Says Coinbase A Coinbase report reveals that cryptocurrency and blockchain initiatives among Fortune 100 companies rose by 39% year-over-year, reaching a record high in Q1 2024. In addition, 56% of Fortune 500 companies are working on...
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Analysts Predict BTC Hitting $200,000 Next Year and $1 Million by 2033 -- 'We Believe Bitcoin Is in a New Bull Cycle' Global asset management firm Alliance Bernstein’s analysts predict that the price of bitcoin could soar to $200,000 by 2025, $500,000 by 2029, and an astounding $1 million by 2033. “We believe bitcoin is in a new bul...
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Australian securities exchange approves its first spot Bitcoin ETF The Australian Securities Exchange has approved the VanEck Bitcoin ETF to start trading on June 20.
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BIS Survey: 94% of Central Banks Exploring Digital Currency The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs). There has been a notable increase in wholesale CBDC experiments, especia...
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Stand With Crypto Publishes Manifesto to Make UK a Leader in Digital Assets Stand With Crypto UK has published a manifesto outlining steps for the UK to establish itself as a global leader in fintech, digital assets, and tokenization. “We believe the next government should take meaningful step...
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Bitcoin bank proposal gains momentum in El Salvador

Coin Telegraph - 15 Jun 2024 04:45
Bitcoin bank proposal gains momentum in El Salvador The Bank for Private Investment will "diversify the financing options" available to investors in both Dollars and Bitcoin.
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Bitwise CEO: Bitcoin Should Move on From 'Digital Gold' Narrative as It Reaches Mainstream Adoption Hunter Horsley, co-founder and CEO of Bitwise, a San Francisco-based cryptocurrency asset management firm, declared that the “digital gold” narrative limits bitcoin’s reach as an investment asset. Horsely stated th...
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